All major US banks pass Federal Reserve’s 2024 ‘stress test’
ALL 31 big US banks have passed the Federal Reserve’s annual “stress test” designed to assess how well they would ...
Tag: Banks
Fearing losses, banks are quietly dumping real estate loans
SOME Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their ...
Europe: Shares start the week higher on autos, banks
EUROPEAN equities advanced on Monday, led by gains in automobile and financial stocks, while investor attention focused on the first ...
Foreign banks target Switzerland after UBS takeover of Credit Suisse
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to ...
Central banks could increase gold reserves further as shine of US dollar dims: analysts
Sentiment towards gold at most positive levels since 2019, World Gold Council survey indicatesCENTRAL banks are expected to continue to ...
Europe: Shares slip on tech, banks drag; clocks weekly gains
EUROPEAN shares closed lower on Friday (Jun 21), pressured by falls in technology and bank stocks, while Danish brewer Carlsberg ...
STI dips 0.1% on Thursday as regional central banks hold rates steady
SINGAPORE shares fell on Thursday (Jun 20) as central banks in the region maintained their benchmark lending rates.The People’s Bank ...
China orders small banks to curtail wealth management business, sources say
The latest instruction also requires some small banks to reduce their wealth management business activities by the end of this ...
Chinese banks hold lending rates following PBOC’s caution
CHINESE banks maintained their benchmark lending rate for a 10th straight month, as pressure on the yuan restricts policymakers’ space ...
Japan’s regional banks are pressured to cut cross-shareholdings
SOME of Japan’s regional banks are coming under pressure at their annual general meetings (AGMs) to show progress in cutting ...
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